The equilibrium price is $0.5 while the equilibrium quantity is 8.5
From the Demand data that we have in this question,
Slope = 3
Intercept = 10
The demand equation
D = -3p + 10
D = 10 - 3p
The supply data
Slope = 5
Intercept = 6
Supply equation
S = 6 + 5p
D = S
This is because at equilibrium, <u>supply = demand</u>
Therefore,
10-3P = 6+5P
collect like terms
10-6 = 3p+5p
4 = 8p
Divide through by 8
Equilibrium price = $0.5
The equilibrium quantity
D = 10 - 3*0.5
= 10-1.5
= 8.5
Therefore from the calculation, the equilibrium price is $0.5 and the equilibrium quantity is 8.5
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<span>Terminating an employee because of using unauthorized software in the workplace is a serious offense.First, the employee was already informed about the policy of not to bring his own unauthorized software, in this case the employee is terminated right away because he/she knows already the dangers of using unauthorized software like viruses, bots, worms and other malicious programs.</span>
Answer:
(a) $10 million
(b) $1 per share
(c) $49
(d) 25 %
Explanation:
(a) Estimated net earnings for next year.
Sales next year = $100 million
Net profit margin = 10%
Net profit margin = Net Income ÷ Sales
Net Income = 10% × $100 million
= $10 mil
lion
(b) Next year's dividends per share.
Dividend payout = Dividends paid ÷ Net Income
= 50%
Dividends paid = $10 × 50%
= $5 mil
lion
Per share dividend = Dividend paid ÷ Shares outstanding
= $5 million ÷ 5 million
= $1 per share
(c) The expected price of the stock (assuming the P/E ratio is 24.5 times earnings).
Earnings per share:
= Net income ÷ shares outstanding
= $10 million ÷ 5 million
= $2 per share
P/E Ratio = Price per share ÷ Earnings per share
Price per share = $2 × 24.5
= $49
(d) The expected holding period return (latest stock price: $40 per share).
= (Final price - Initial price + Dividend) ÷Initial Price
= ($49 - $40 + $1) ÷ $40
= 25%
Answer:
219 sheets
Explanation:
D = 5000 per year,
d = daily demand = 5000/365 = 13.70 sheets
T = time between orders (review) = 14 days
L = Lead time = 10 days
σd= Standard deviation of daily demand = 5 per day
I = Current Inventory = 150 sheets Service Level
P = 95% (Probability of not stocking out) q=d(L+D)z σ T+L-1
σ T+L-1= square root (T+L)=5 square root 14+10= 24.495
From Standard normal distribution, z = 1.64 for 95% Service Level (or 5% Stock out)
q=13.70*(14+10)+1.64(24.495)-150
= 218.97 →219 sheets
A.Tammy's little sister starts visiting online chat rooms to make friends
